---
title: "B K Duplex Board Ltd (516112) — Share Price, Financials & Analysis"
symbol: "516112"
company: "B K Duplex Board Ltd"
canonical: "https://tapetide.com/stocks/516112"
isin: "INE212C01019"
bse_code: "516112"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
generated_at: "2026-09-13T19:38:14.580Z"
---

# B K Duplex Board Ltd (516112)

Canonical page: https://tapetide.com/stocks/516112

## Company

- **BSE Code:** 516112
- **ISIN:** INE212C01019
- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

B K Duplex Board Limited, incorporated in India, Listed on the Bombay Stock exchange Limited, the company is engaged in offers paper, paper board, and writing and printing paper, as well as pulp and allied products.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 124 | 112 | 139 | 147 | 161 | 175 | 223 | 256 | 270 | 233 | 300 | 311 |
| Expenses | 103 | 90 | 109 | 114 | 127 | 132 | 158 | 188 | 195 | 161 | 217 | 227 |
| Operating Profit | 21 | 22 | 30 | 33 | 34 | 43 | 65 | 68 | 75 | 72 | 83 | 85 |
| OPM % | 17 | 19 | 22 | 22 | 21 | 25 | 29 | 26 | 28 | 31 | 28 | 27 |
| Other Income | 1 | 0 | 4 | 2 | 4 | 1 | 2 | 10 | 4 | 2 | 3 | 4 |
| Interest | 4 | 2 | 4 | 4 | 4 | 2 | 3 | 2 | 4 | 2 | 4 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
| Profit before tax | 17 | 19 | 30 | 30 | 35 | 42 | 64 | 74 | 74 | 70 | 80 | 81 |
| Tax % | 12 | 13 | 22 | 16 | 18 | 18 | 25 | 20 | 15 | 19 | 19 | 12 |
| Net Profit | 15 | 17 | 23 | 25 | 28 | 34 | 48 | 59 | 63 | 57 | 65 | 71 |
| EPS in Rs | 1.83 | 2 | 2.32 | 2.46 | 2.76 | 3.33 | 4.39 | 5.39 | 5.73 | 5 | 5.71 | 6.18 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 |
| --- | --- | --- |
| Sales | 0 | 0 |
| Expenses | 0.01 | 0 |
| Operating Profit | -0.01 | 0 |
| Other Income | 0.01 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Profit before tax | 0 | 0 |
| Net Profit | 0 | 0 |
| EPS in Rs | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 |
| --- | --- | --- |
| Equity Capital | 5.53 | 5.53 |
| Reserves | -0.34 | -0.34 |
| Borrowings | 0.25 | 0.25 |
| Other Liabilities | 5.64 | 5.56 |
| Total Liabilities | 11.08 | 11 |
| Fixed Assets | 4.78 | 4.78 |
| CWIP | 0 | 0 |
| Investments | 0.6 | 0.6 |
| Other Assets | 5.7 | 5.62 |
| Total Assets | 11.08 | 11 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 |
| --- | --- | --- |
| Cash from Operating Activity | — | -0.03 |
| Cash from Investing Activity | — | 0 |
| Cash from Financing Activity | — | 0 |
| Net Cash Flow | — | -0.03 |
| Free Cash Flow | — | -0.03 |

### Ratios

| Item | Mar 2010 | Mar 2011 |
| --- | --- | --- |
| ROCE % | — | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Feb 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 56% | 56% | 24.59% | 24.59% | 69.85% | 66.24% | 65.41% | 56.07% | 55.25% | 53.17% |
| FIIs | 0% | 0% | 0% | 0% | 10.93% | 11.74% | 7.67% | 9.71% | 7.07% | 7.87% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.88% | 1.07% | 0.86% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4.17% | 3.93% |
| Public | 44% | 44% | 75.41% | 75.41% | 19.22% | 22.02% | 26.92% | 32.34% | 32.43% | 34.16% |
| No. of Shareholders | 1564 | 1561 | 1586 | 1634 | 1681 | 3209 | 7806 | 23723 | 73283 | 78316 |

### Quarterly

| Category | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Feb 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 65.41% | 57.47% | 56.07% | 56.07% | 56.07% | 54.71% | 54.71% | 55.25% | 54.85% | 54.85% | 54.87% | 53.17% |
| FIIs | 5.55% | 6.48% | 8.77% | 9.71% | 8.51% | 10.43% | 6.93% | 7.07% | 8.2% | 8.33% | 7.94% | 7.87% |
| DIIs | 0% | 2% | 1.95% | 1.88% | 1.43% | 0.93% | 0.97% | 1.07% | 0.86% | 0.83% | 0.8% | 0.86% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 4.23% | 4.17% | 4.06% | 4.06% | 4.06% | 3.93% |
| Public | 29.05% | 34.05% | 33.21% | 32.34% | 33.99% | 33.93% | 33.16% | 32.43% | 32.03% | 31.93% | 32.34% | 34.16% |
| No. of Shareholders | 12129 | 13798 | 18054 | 23723 | 29419 | 50955 | 66310 | 73283 | 77243 | 72351 | 70445 | 78316 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 108.45 | Sell |
| EMA (10) | 107.42 | Sell |
| SMA (20) | 111.72 | Sell |
| EMA (20) | 110.78 | Sell |
| SMA (50) | 120.61 | Sell |
| EMA (50) | 121.46 | Sell |
| SMA (100) | 144.66 | Sell |
| EMA (100) | 134.72 | Sell |
| SMA (200) | 152 | Sell |
| EMA (200) | 146.12 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.2 | Buy |
| MACD (12,26,9) | -4.57 | Sell |
| Stochastic (14,3,3) | 12.85 | Buy |
| ADX (14) | 25.65 | Buy |
| Williams %R (14) | -84.81 | Buy |
| ATR (14) | 4.66 | High Volatility |
| ROC (12) | -10.17 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 41.36 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8h - Allotment of 1,710,000 shares at Rs360 on 09-Mar-2026; Rs46.17 crore (75%) received. | [Announcement under Regulation 30 (LODR)-Allotment 8h - Allotment of 1,710,000 shares at Rs360 on 09-Mar-2026; Rs46.17 crore (75%) received.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cbee3a8f-fd2f-4a88-8e44-9dd1dd46fd18.pdf) |
| 26 Feb - 5-year MOU from 25 Feb 2026 to supply 30,000×155mm and 10,000×152mm monthly; USD315/unit. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 26 Feb - 5-year MOU from 25 Feb 2026 to supply 30,000×155mm and 10,000×152mm monthly; USD315/unit.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c8f2825-567d-4078-be4f-a77b3f3ce935.pdf) |
| 25 Feb - Allotment of 16,30,000 shares at Rs360 on 25 Feb 2026; Rs44.01 crore received. | [Announcement under Regulation 30 (LODR)-Allotment 25 Feb - Allotment of 16,30,000 shares at Rs360 on 25 Feb 2026; Rs44.01 crore received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cece7d72-83b3-4a79-bfd0-7d4d56b9fa19.pdf) |
| 23m - Allotment of 20,60,000 Equity Shares fully paid up upon exercising the option available with the Share Warrant Holder (person belonging to Non-Promoter and Promoter Group) … | [Announcement under Regulation 30 (LODR)-Allotment 23m - Allotment of 20,60,000 Equity Shares fully paid up upon exercising the option available with the Share Warrant Holder (person belonging to Non-Promoter and Promoter Group) …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0c818583-5296-402e-8570-80499f7cc689.pdf) |
| 16 Feb - Extract of Newspaper Publications relating to the Financial Results for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Extract of Newspaper Publications relating to the Financial Results for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/13f92d59-2105-439f-abc5-e44edc47d5ec.pdf) |
| 13 Feb - Q3/9M FY26: 9M revenue Rs 8,438mn (+29%), PAT Rs 1,932mn; commissioned machining and 155mm shell line; NATO induction. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised) 13 Feb - Q3/9M FY26: 9M revenue Rs 8,438mn (+29%), PAT Rs 1,932mn; commissioned machining and 155mm shell line; NATO induction.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4ead808-8d86-42a4-a9a8-c5594ccc8737.pdf) |
| 12 Feb - Q3 revenue Rs3,111mn; 9M revenue Rs8,438mn; PAT Rs1,932mn; NATO induction; new artillery production line. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Feb - Q3 revenue Rs3,111mn; 9M revenue Rs8,438mn; PAT Rs1,932mn; NATO induction; new artillery production line.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27c6cd91-db16-40be-bd52-9ae0b411d047.pdf) |
| 12 Feb - No deviation in use of Rs.2,700 lakhs from 30-Dec-2025 preferential issue; reviewed 12-Feb-2026. | [Statement Of Deviation(S) Or Variation(S) Under Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Quarter Ended 31St December, 2025 12 Feb - No deviation in use of Rs.2,700 lakhs from 30-Dec-2025 preferential issue; reviewed 12-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e486df62-b764-4df6-b643-57c89ab37772.pdf) |
| 12 Feb - Monitoring agency report (Infomerics) on preferential-issue proceeds for quarter ended Dec 31, 2025; Board reviewed Feb 12, 2026. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 12 Feb - Monitoring agency report (Infomerics) on preferential-issue proceeds for quarter ended Dec 31, 2025; Board reviewed Feb 12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebf1d63c-2bac-4d80-ae4d-d5d0e406c56c.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7834bab-72fa-4312-b996-63624e36c530.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a88e202-913a-41ab-94fd-8035b3b19aa8.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a1e601f-5b1c-448b-a556-5793a121063b.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4b8ce7b-efab-4f7f-a280-429f0e448058.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd930bab-c343-46cd-86e2-b08974d8c70b.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/068c5a42-6a29-4bc5-b796-faa6382efab7.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c0dc2f2-b4c8-44ee-ad6e-629a34f4f11a.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12425265-6eb6-46dd-9fa0-976415de4bd5.pdf) |
| Dec 2024 | [Concall - Dec 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77c7eadf-7621-407a-9604-69dbb224342d.pdf) |
| Dec 2024 | [Concall - Dec 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a2c4d57-4fd6-4eb5-9a5f-dedbcb578609.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/909ac842-7f5d-4391-a5d1-a159f5aae4d6.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a400068-0771-45c8-b6b7-6a23602625ae.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b28edfde-6f1e-44fd-81da-90d180830419.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/76284531112.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/71375531112.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/67696531112.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/5311120319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/5311120318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/5311120317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531112/5311120316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:38:14.580Z.